Oracle's new marketing team leader has been dubbed 'hatchet man'
Oracle insiders said Jason Maynard, the company's new marketing group leader, is tasked with cutting costs and has been dubbed 'hatchet man.'
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1. Tasked with cutting costs, Oracle's new marketing team leader has been dubbed "hatchet man." Oracle's marketing team "imploded" following layoffs and the departure of its CMO this summer. NetSuite exec Jason Maynard was tapped to oversee the new, slimmed down organization — but some insiders are skeptical.
- Maynard's new directive is to keep costs down, current and former employees said. With a background in finance and a laser-focus on revenue, sources say Maynard may be the right person, at the right time, to lead Oracle's sales operations and marketing.
- However, some employees have raised concerns, citing his lack of communication and enterprise expertise: Since Maynard's appointment as the head of Revenue Operations, he has only had one call with his staff, according to a person familiar with the situation.
- That lack of communication has contributed to the "complete chaos" sources described to Insider following widespread layoffs in August.
In other news:
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7. Elon Musk's SpaceX and T-Mobile are teaming up to link satellites to mobile phones, "eliminating dead zones worldwide." The companies say the new service will provide coverage to "locations previously unreachable by traditional cell signals." Musk also said on Twitter that Tesla cars will be able to connect to the new Starlink satellites. Here's the latest.
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Odds and ends:
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People moves:
- Sandeep Pandey, VP of engineering at Twitter, is leaving after more than a decade.
- Electric truck startup Xos Trucks is losing its SVP of manufacturing, Dag Reckhorn.
- Top Google engineer, Richard Ho, is joining Lightmatter as VP of hardware engineering.
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Curated by Jordan Parker Erb in New York. (Feedback or tips? Email jerb@insider.com or tweet @jordanparkererb.) Edited by Hallam Bullock (tweet @hallam_bullock) in London.